STX Historical Price and Return Analysis: Should I Buy STX Now?

Summary

This article provides a comprehensive review of STX’s historical prices and market fluctuations since its inception. By analyzing data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 STX tokens and answers the key question, “Should I buy STX now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Beginning of Bull Market and Early Market Cycles: Historical Price Review (2017 to 2018)

STX (Stacks, formerly Blockstack) is a new internet for decentralized applications, equipped with a full set of open-source development tools to build and guide decentralized apps and protocol ecosystems. According to CoinMarketCap, its early trading price was approximately $0.66.

Below are the price changes of STX during the initial bull market phase:

2017

• Opening Price: $0.66
• Closing Price: $0.8789
• Highest Price: $0.8789
• Lowest Price: $0.4729
• Annual Return: 33.17%

2018

• Opening Price: $1.55
• Closing Price: $0.0125
• Highest Price: $1.55
• Lowest Price: $0.0124
• Annual Return: -99.19%

An investor who bought 10 STX in early 2017 during the bull market and sold at the end of 2018 would have a potential loss of $13.098.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2019 to 2022)

During this period, STX’s price experienced a prolonged downtrend, entering a deep bear market.

Potential returns for investors buying 10 STX during bear or consolidation phases:

• 2019: $2.26
• 2020: $2.31
• 2022: -$18.229

Recovery and Rebound: Market Turning Point (2021)

2021 marked a significant turning point in STX’s history:

2021

• Opening Price: $0.00868
• Closing Price: $2.4
• Highest Price: $2.66
• Lowest Price: $0.00868
• Annual Return: 27,508.29%

An investor purchasing 10 STX during this period could have a potential profit of $2.31.

Recent Market Cycle: Should I Buy STX Now? (2023 to 2026 so far)

In recent years, STX has experienced volatility, with phases of rebound and correction.

2023

• Opening Price: $0.22689
• Closing Price: $1.5
• Highest Price: $1.5
• Lowest Price: $0.22689
• Annual Return: 559.79%

2024

• Opening Price: $1.67
• Closing Price: $1.76
• Highest Price: $3.66
• Lowest Price: $1.32
• Annual Return: 5.79%

2025

• Opening Price: $1.51
• Closing Price: $0.3561
• Highest Price: $1.51
• Lowest Price: $0.2494
• Annual Return: -76.44%

2026 (YTD)

• Opening Price: $0.3828
• Closing Price: $0.2392
• Highest Price: $0.3828
• Lowest Price: $0.2392
• Year-to-date Return: -37.51%

Potential returns for buying 10 STX during these years:

• 2023: $0.1231
• 2024: -$14.262
• 2025: -$12.725
• 2026 (YTD): -$1.436

Conclusion: Bull, Bear, and Investment Timing Analysis

Analyzing STX’s historical prices and potential returns reveals its high volatility over the long term. From the initial surge in 2017 to the crash in 2018, the explosive rebound in 2021, and the ongoing decline over the past three years, STX exhibits clear cyclical patterns. Currently, the market is in a correction phase. Investors should carefully assess risks and consider their risk tolerance before making investment decisions.